A 59-year-old English car dealer and real estate entrepreneur has agreed to forfeit a total of 1.14 million pounds (more than 1.35 million euros) in a money laundering investigation by the National Crime Agency (NCA). Suspect Peter Grubisic from Ilkley, West Yorkshire, has been involved in drug trafficking and importation, money laundering, fraud and tax evasion since the 1990s. In 2003 he served four years in prison in the Netherlands for amphetamine trafficking.
The settlement includes a real estate portfolio of ten properties, including five owner-occupied homes, a luxury home in Malaga and a property with land for eight homes.
high court
In the case before the High Court, the NCA alleged that since the 1990s, Peter Grubisic had been involved in serious crime, including drug importation and trafficking, money laundering, fraud and tax evasion.
Dutch criminals
According to the NCA, Grubisic has ties with serious criminals in the United Kingdom and in the Netherlands and Spain, among others. According to the investigative services, the Briton would use his car dealership and real estate companies to launder his crime proceeds. His stated income did not match his real estate purchases and luxury lifestyle, which included several business class flights to South America.
Financier
Peter Grubisic was prosecuted in England in the 1990s as the head of a criminal organization that imported cannabis. He was seen as the main financier and organizer of that criminal organization. Because it was getting too hot for him in his home country, he moved to the Netherlands.
Four years in prison
In May 2003 he was sentenced in the Netherlands to four years in prison for trafficking in amphetamines. On his return to England in September 2006, he was charged with drug trafficking and sentenced to four and a half years in prison. In addition, there was already a confiscation claim against him at the time.
